
Short selling is the process of setting yourself up to earn money when an asset becomes less valuable. This method plays a critical role in how investors diversify their investments and leverage all the information they have. But until recently, it was not possible in the cryptocurrency market, arguably one of the most important places for investors to use it. By introducing short selling on cryptocurrency trades with a focus on the altcoin market, Bitfair is offering its users a new opportunity to profit under any market conditions.Traders can open a long buy or short sell order on Bitfair. Each order is peer-to-peer between traders and recorded in a Smart Option Contract. The outcome is two traders holding a matched and opposite position on each side of the trade when a SOC is created. This eliminates the need for a broker and ensures Bitfair can offer multi-directional trading on a large variety of tokens. Each trade will only execute if the predetermined floor or ceiling price is reached or at the expiry of the trading contract. via /r/icocrypto https://ift.tt/2zaGfk1
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